re: good buy petrolead Petrolhead - truly outstanding value in theory but the SP doesn't reflect that.
The big question should be how to realise on the value?
It doesn't really matter that Jinchuan got a hold of some shares in AGM. Sure, GUL owns less % of AGM now but it still holds more the same number of shares (more then 23 million) and with the SP at 59c that is worth $13.5 million. With only 120 million shares of its own on offer it values each GUL at 11.3c (not worrying about the property).
Over the last few shares GUL usually traded at about a 20% discount to NTA but that discount has certainly grown of late.
re: good buy petrolead Petrolhead - truly outstanding value in...
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Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.63M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15384 | 6.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 62000 | 1 |
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| Last trade - 16.12pm 08/11/2024 (20 minute delay) ? |
| GUL (ASX) Chart |
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